I have heard that some scammers are making fake accounts on Binance for P2P and using hacked bank accounts for transfer. If we deal with them for P2P deals, our bank accounts can also get feezed. Have you ever faced this problem on Binance ? How can we reduce the chances of getting affected by this ?
This is true because there’s a story like this on our local board which one member made a transaction to a certain P2P vendor that use funds from hack bank account. The bank freeze his assets and require him to submit supporting details to back up all his transactions.
It’s really pain in the ass if you manage to made a deal on one of them since banks is centralized which means they are connected to each other that makes it easy to trace and freeze an account if tainted fiat landed on your account. It’s general rule on P2P to never trade on 3rd party account that has a different name to Binance account.